Property Information:

BUILDERS AND INVESTORS!! This is a tremendous opportunity for a 13,532 square foot development site on the high side of Marine Drive in Burnaby. Provincial and municipal densification changes have reduced efforts and costs to developers to increase the housing supply in the lower mainland which includes this unique property. The new R1 designation will allow your client to build anywhere up to 12 dwelling units on this property if subdivided, or up to 6 dwelling units as is, or anywhere in between if your client wishes to build for themselves with the bonus of added rental revenue from additional units! There is also the potential for a land assembly of additional properties for serious inquiries, and, the City of Burnaby has allowed for a delayed payment process for DCC’s and CAC’s.

Building Features:

Floor Space: 1268 Square Feet

Property Features:

Bedrooms: 2
Bathrooms: 1+0
Annual Tax Amount: $6,310
Appliances: Washer/Dryer, Dishwasher, Refrigerator
Architectural Style: Rancher/Bungalow w/Bsmt.
Basement: Partial
Built in: 1952
Community Features: Shopping Nearby
Floor Space (approx): 1268 Square Feet
Heating: Forced Air, Natural Gas
Lot Features: Central Location, Near Golf Course, Lane Access
Lot Frontage: 66.39 Feet
Lot Size: 13532.71 Square Feet
Parking Features: Carport Single, Open, Front Access
Structure Type: Residential Detached
No. of Parking Spaces: 5

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS® Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board.

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Demographic Information of 4505 Marine Drive, Burnaby, BC, V5J 3G1

Life Stage

Older Families

Employment Type

Mixed

Average Household Income

$148,734.32

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.6 %

High school certificate or equivalent

26.75 %

Apprenticeship trade certificate/diploma

4.51 %

College/non-university certificate

17.19 %

University certificate (below bachelor)

2.25 %

University Degree

35.69 %

Commuter

Travel To Work

By Car

70.78 %

By Public Transit

22.74 %

By Walking

0.01 %

By Bicycle

0.0 %

By Other Methods

6.47 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

5.24 %

Houses

94.76 %

4505 Marine Drive, Burnaby, BC, V5J 3G1